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Master Governing Documents or MCIOA. All references to the Master Association shall mean the Master Association acting through the Master Board unless specifically stated to the contrary. 3.2.3 The Master Association shall act as a "Master Association" within the meaning of Section 515B.2-121 ofMCIOA. The Master Association shall have authority to exercise only the limited powers set forth in Section 3.1 on behalf of its Members and all Owners and Occupants, subject to expansion pursuant to Section All Neighborhood Governing Documents shall contain provisions delegating such limited powers to the Master Association, as contemplated by Section 515B.2- 121. 3.2.4 It is recognized that, while the Master Association's powers are limited by this Master Declaration, the interests of the Members may be served in the future by expanding such powers. Accordingly, the powers of the Master Association may be expanded by amending this Master Declaration, and applicable provisions of the Declarations governing all Neighborhoods, which are affected by the expansion of powers. In addition, any Neighborhood Association may delegate to the Master Association any or all of the authority and powers of the Neighborhood Association, which delegation shall become effective and upon written acceptance of such delegation by the Master Association, which may be withheld in the sole discretion of the Master Association. No Neighborhood Governing Documents shall be amended to change the Master Association powers in any way without the prior written approval of (i) the Master Board, and (ii) the Master Declarant so long as Master Declarant owns an unsold Unit for sale or has the unexpired right to subject any Property to this Master Declaration. 3.3 Neighborhoods. Each parcel of land designated and intended for development as one housing group, except Residential Rental Units; under a single Neighborhood Association shall be designated as a Neighborhood. Every Residential Unit, except Residential Rental Units, shall be located within a Neighborhood. By way of illustration and not limitation, a condominium, planned community, cooperative, or single-family detached housing group may be designated as a separate Neighborhood, or a Neighborhood may be comprised of more than one housing type. New, additional Neighborhoods may be created on property added pursuant to Section 2.2. Neighborhoods are subject to division or combination into more or fewer Neighborhoods in accordance with the Master Governing Documents, Certain limited powers accruing to a Neighborhood under its Neighborhood Governing Documents shall be delegated to the Master Association as provided in Section 32. 3.3.1 A Neighborhood shall be created by, and the Units within a Neighborhood shall be subject to a recorded Neighborhood Declaration containing covenants, conditions, restrictions and easements consistent with the Master Governing Documents. The Master Declarant shall review and approve the 8 121110757v8 820716 5!15105